Prove claim demolished building was Raffles residence, says Penang mayor
GEORGE TOWN (Feb 24): Penang Island City Council (MBPP) today reiterated that it had no records to show that a building demolished on the Runnymede property in George Town was the home of Singapore founder Sir Thomas Stamford Raffles.
Sime Darby to sell properties worth RM2 billion to reduce debt, says report
KUALA LUMPUR (Feb 17): Sime Darby Bhd is planning to sell some RM2 billion worth of real-estate assets in Australia and Singapore as it battles cash flow issues amid falling palm oil prices, The Wall Street Journal reports.
Oxley Holdings plans to open hotel and residences in KLCC area in 2020
PETALING JAYA (Feb 16): Singapore-listed property developer Oxley Holdings Ltd (Oxley) has announced it will open its 207-room So Sofitel Hotel and a 590-key So Sofitel Residences in the heart of Kuala Lumpur City Centre (KLCC) area in 2020, it said in a press statement today.
Singapore property investment sales volume lowest since 2009, says consultant
SINGAPORE (Feb 2): Property investment sales volume in Singapore declined 9% to S$16 billion last year, the lowest since 2009, said DTZ Debenham Tie Leung (SEA) Pte Ltd in a statement today.
Country Garden unveils RM175 bil Forest City project
KUALA LUMPUR (Jan 22): Hong Kong-listed Country Garden Holdings Co Ltd and Esplanade Danga 88 Sdn Bhd, a Johor state-owned associate of Kumpulan Prasarana Rakyat Johor, today unveiled the much-touted Forest City mixed-use development located on four reclaimed islands in Iskandar Malaysia, Johor.
Knight Frank: Sydney set to see strongest growth in prime residential price
KUALA LUMPUR (Jan 14): Sydney is expected to see the strongest prime property price growth in 2016, rising by 10% year-on-year, said global property consultancy Knight Frank in its newly released Prime Cities Forecast Report on 10 global cities.
Heatherwick Studio makes debut in Singapore with NTU learning hub
LAST March, Singapore’s Nanyang Technological University (NTU) opened an eye-catching learning hub conceived by Heatherwick Studio based in Kings Cross, London, and executed by local lead architect CPG Consultants.
Merits and demerits of the KL-Singapore HSR
HALFWAY through our interview with MyHSR Corp Sdn Bhd CEO Mohd Nur Ismal Mohamed Kamal (pictured), a young aide makes his way into the office apologetically and hands his boss a stack of papers.